CNFinance Holdings Ltd. (CNF) Reports Q2 EPS of $0.05

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CNFinance Announces Second Quarter and First Half of 2020 Unaudited Financial Results

August 24, 2020 7:55 AM EDT

GUANGZHOU, China, Aug. 24, 2020 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2020 and the first half of 2020.

Second Quarter 2020 Operational and Financial Highlights

Total loan origination volume[1] was RMB1,883.2 million (US$266.0 million) during the second quarter of 2020, compared to RMB1,661.8 million in the same period of 2019. Total outstanding loan principal[2] was RMB9.8 billion (US$1.4 billion) as of June 30, 2020, compared to... More